In the publication, the authority has a particular view on intra-group transactions, the prudent person principle and governance
The European reinsurance sector has been exposed to significant uncertainty during the COVID-19 pandemic, which has led to a threefold decline in the capital positions of reinsurers, gross written premium for life reinsurance, and underwriting profit
The Association of Mutual Insurers and Insurance Cooperatives in Europe has elected Galit Saar to the AMICE board by AMICE’s annual general meeting of members
Petra Hielkema has been appointed by the European Council as chairperson of the European Insurance and Occupational Pensions Authority
While EIOPA’s advice, if implemented, would have the disadvantage of adding to complexity in the regime, A.M. Best’s says the proposals make a start in moving Solvency II “somewhat closer to providing an economic picture of insurers”
Japan’s temporary equivalence with respect to reinsurance granted by the European Commission is scheduled to expire on 31 December 2020, in accordance with the Solvency II Directive
The Association of Mutual Insurers and Insurance Cooperatives in Europe has revealed that it's disappointed in European Insurance and Occupational Pensions Authority advice to the European Commission on the Solvency II Review
EIOPA’s opinion on the Solvency II 2020 Review to the EC suggested that although no fundamental changes are needed, a number of adjustments are required to ensure that the regulatory framework continues as a well-functioning risk-based regime
Ian-Edward Stafrace of Atlas Insurance PCC discusses leveraging regulatory evolution in customer fair value for sustainable growth
As a new year begins, the captive industry anticipates another year of growth
FERMA CEO Typhaine Beaupérin outlines what the association has been working on so far this year, the Catastrophe Risk Resilience Framework, and what the next 12 months will look like
The Solvency II 2020 review is currently underway, but what changes are the captive insurance industry expecting to see?
ECIROA’s Guenter Droese suggests that without the OECD providing industry support, their own target goals cannot be achieved
Solvency II has seen captive owners explore alternative forms of capital, as the threat of the UK’s EU exit looms. Derek Bridgeman of Marsh explains
It goes without saying that the introduction of Solvency II has brought with it great challenges for insurers. But ECIROA chief Günter Dröse feels the way forward is to work together, and keep things simple..
Günter Dröse of ECIROA tells CIT about Solvency II and captive owners
Although Ireland hasn’t experienced a huge amount of growth within its captive market over the last few years, there is said to be a renewed interest in Dublin as a preferred domicile
Brian Collins, SRS’s recent hire for its new Luxembourg office, discusses the latest developments and the biggest challenges for the Luxembourg captive market
For a small country, Ireland is home to a strong captive insurance market but what challenges is the domicile currently facing and what can industry participants expect to see over the next 12 months?
Experts discuss where European captives are with Solvency II, and how they are adapting to today’s financial environment